Dan Frey Home Loans
Call Dan

Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Assumable Loan + Second
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$119,629$119,629$279,000
Remaining term (yrs)11.111.130.0
Secondary amount$0$159,371$0
Funding fee$0$0$0
Note rate6.420%6.420%7.400%
Blended rate7.270%7.687%7.640%
1st payment$1,246.61$1,246.61$1,931.74
2nd payment$0.00$1,062.47$0.00
Taxes / mo$258.33$258.33$258.33
Insurance / mo$150.00$150.00$150.00
MI / mo$140.87$140.87$55.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,795.81$2,858.29$2,395.87
Cash to close$190,371$31,000$31,000